Re: How many cards[ Edited ]
09-02-2012 07:07 PM - edited 09-02-2012 07:08 PM
You can 180 cards, doesn't matter if you're responsible. I would hold off with the AMEX everyone's recommending, your baddies are still too recent in my opinion.
Not certain on this, we had a report a few months ago about someone with 20ish cards, who closed several, and got a non-trivial FICO boost.
While I can't say this isn't YMMV, I don't think the "have as many cards as you want" is a good plan: I think if you're more than something akin to one standard deviation outside the national averages, expect to have a more significant look taken at your credit report by any lender's underwriting. No different than showing a bureaucrat what they're expecting to see in my opinion.
Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 670, Wally TU 700, EX 718 (11/29/13, EX 07/11/13)
Goal Score: 680 in all three (01/01/14)
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